Boss of King Charles property portfolio in talks with old firm for slice of HS2 Euston Transport and infrastructure King Charles’ property company is in talks to buy up part of HS2’s Euston site from its floundering owner, according to reports. The Crown Estate, led by Dan Labbad, is in talks with the Australian developer Lendlease for a 50 per cent stake in six major UK projects, an announcement on the Australian Stock Exchange [...]
Union highlights claims of staff shortages at railway ticket offices Transport and infrastructure A rail union is to hold a series of protests highlighting claims of staff shortages at ticket offices. The Rail, Maritime and Transport union (RMT ) said there was understaffing at a number of stations on the West Coast mainline served by Avanti. The RMT said plans to close ticket offices across the country were [...]
Spring Statement 2025: Reeves urged to fund Bakerloo Line and HS2 Euston Business London’s property sector has called on Rachel Reeves to introduce new funding models in the Spring Statement to prevent critical transport projects, such as HS2 Euston in the UK capital from stalling. The London Property Alliance, which represents real estate developers and investors, said the government “must be bold” if it wants to move forward [...]
HS2 is beyond saving and poses risk to UK’s reputation, MPs conclude February 28, 2025 HS2 is beyond saving and must be studied by future governments as a “cautionary tale” on how “not to run a major project,” a cross-party group of MPs has concluded. In one of its most damming-ever reports, the Public Accounts Committee (PAC) said it was “long past the point” of offering recommendations on how to [...]
HS2: Key Euston contract faces foul play allegations February 3, 2025 Construction giant Lendlease is leading the £4bn regeneration of Euston but is in the process of exiting its international operations.
HS2: Rail minister reveals new plans for Euston terminus December 11, 2024 Lord Peter Hendy, the rail minister, appeared in front of the Commons' transport committee on Wednesday alongside senior officials from the DfT.
HS2: Costs for London Euston section reach over £7.5bn December 10, 2024 Rachel Reeves confirmed in the Autumn Budget HS2 will terminate at Euston station, following a political kerfuffle over how to find the necessary funding.
How Network Rail is planning to stop the ‘Euston rush’ October 29, 2024 A plan to reduce the number of passengers rushing to platforms at Euston station in London has been revealed by Network Rail. The Government-owned company is to allow passengers travelling on around 40 per cent of Avanti West Coast services from the London station to board trains 20 minutes before departure. Network Rail said this [...]
Ministers to oversee HS2 amid warnings of ‘dire delivery failure’ October 20, 2024 Ministers will oversee work on HS2, the government has announced, as the transport secretary warned costs had spiralled out of control. Louise Haigh has announced urgent action to bring the cost and delivery of the high speed route from London to Birmingham back under control. It comes as the Sunday Times revealed leaked documents marked [...]
Transport officials plot PFI-style deal to fund HS2 Euston station October 20, 2024 Government officials are reportedly planning to raise at least £3bn from private sector investors to help fund the new HS2 station at Euston and renovate the neighbouring mainline terminus.